Many people enter the cryptocurrency world with a starting capital of 1500 dollars.
Upon entering, their thoughts become chaotic: they find spot trading too slow.
They want to play contracts and go all in to turn things around, blindly following videos, and end up mostly facing liquidation.
Do you also feel that 1500U is too little to do anything?
In fact, it's not that the money is not enough; it's that you don't know how to use it.
In digital currency trading, most people lose not to the market but to human nature.
Chasing highs with 1500U to gamble on coins, blindly opening positions is like lighting gasoline with a match; don't even think about turning things around; it’s hard to last a month.
Recently, a fan, Xiao Li, entered the crypto world with 1500U, followed some 'experts' recommendations to buy, also played contracts, made a small profit and then increased his investment, only to lose everything and anxiously came to me to complain.
I shared a beginner's strategy with him:
First, stabilize your mindset. Treat trading as training; 1500U is tuition, not a tool for turning things around, don’t rush to make money.
Second, avoid contracts; start with spot trading. Spot trading is lower risk and can keep you alive. First, learn to read charts, analyze trends, and feel market sentiment.
Third, learn to control your positions. Don’t go all in. Split 3500U into three parts: one for establishing positions based on trends, one for adding to positions during corrections, and one to keep aside to avoid the temptation to trade.
Fourth, set small goals. Don’t think about turning 3500U into 15000U; first aim for 5000U. Doubling once is more reliable than fantasizing about getting rich quickly.
Xiao Li diligently executed this strategy, no longer following the crowd blindly, and calmly learned. After some time, he excitedly told me he earned 3000U.
His account has doubled, and his next goal is to triple it.
Remember, it’s not that the crypto world doesn’t allow you to make money; it’s that you are too greedy.
Those who can turn things around in the crypto world start with small amounts, learn methods, and summarize from losses.
Don’t blindly follow; while 1500U may be hard to turn into a fortune, it can help you see clearly whether you are in control of the market or the market is controlling you.